Alstom (OTCMKTS:ALSMY) Rating Lowered to Hold at Kepler Capital Markets

Alstom (OTCMKTS:ALSMY) was downgraded by equities research analysts at Kepler Capital Markets from a “buy” rating to a “hold” rating in a report issued on Monday, Marketbeat.com reports.

ALSMY has been the subject of a number of other reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Alstom in a report on Friday, November 14th. Citigroup upgraded shares of Alstom from a “neutral” rating to a “buy” rating in a research note on Friday, December 5th. Finally, Barclays reissued an “underweight” rating on shares of Alstom in a report on Wednesday, December 3rd. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Alstom currently has a consensus rating of “Moderate Buy”.

Alstom Trading Down 4.2%

OTCMKTS ALSMY opened at $2.99 on Monday. The stock has a 50-day simple moving average of $2.68 and a two-hundred day simple moving average of $2.50. Alstom has a fifty-two week low of $1.80 and a fifty-two week high of $3.13.

About Alstom

Alstom is a global leader in the transportation sector, specializing in the design, manufacture and delivery of rail infrastructure, rolling stock and signaling systems. The company’s portfolio includes high-speed trains, regional and commuter trains, metros, trams and e-buses, as well as digital mobility solutions for railway networks. In addition to new equipment, Alstom offers a comprehensive suite of services ranging from maintenance and modernization to spare parts management and on-site support.

Founded in France with roots tracing back to the early 20th century, Alstom has evolved through a series of mergers and acquisitions to become one of the world’s largest rail transport equipment suppliers.